{"data":{"id":"us-tx/tex.-utilities-code-53.110","jurisdiction":"us-tx","citation":"Tex. Utilities Code § 53.110","heading":"BONDED RATES.","body":"(a) A utility may put a changed rate into effect by filing a bond with the commission if:\n(1) the 150-day suspension period has been extended under Section 53.108(b); and\n(2) the commission fails to make a final determination before the 151st day after the date the rate change would otherwise be effective.\n(b) The bonded rate may not exceed the proposed rate.\n(c) The bond must be:\n(1) payable to the commission in an amount, in a form, and with a surety approved by the commission; and\n(2) conditioned on refund.\n(d) The utility shall refund or credit against future bills:\n(1) money collected under the bonded rates in excess of the rate finally ordered; and\n(2) interest on that money, at the current interest rate as determined by the commission.\nActs 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.","path":["UTILITIES CODE","TITLE 2. PUBLIC UTILITY REGULATORY ACT","SUBTITLE C. TELECOMMUNICATIONS UTILITIES","CHAPTER 53. RATES","SUBCHAPTER C. GENERAL PROCEDURES FOR RATE CHANGE PROPOSED BY UTILITY"],"source_url":"https://statutes.capitol.texas.gov/Docs/UT/htm/UT.53.htm#53.110","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:45Z","sha256":"0c8c9ff8f2f332534e5f25b55d7b18e2e4a057d8791f6a88ce9ef32d17c45455","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-utilities-code-53.109","next":"us-tx/tex.-utilities-code-53.111"},"notice":"GroundRules: Original legal text. Not legal advice."}